CULedger Welcomes Credit Union Leaders to Its Board of Directors

DENVER–(BUSINESS WIRE)–CULedger,
a credit union-owned CUSO that focuses on delivering innovative
applications to credit unions through its cross-border global
distributed ledger platform, appointed ten members to its newly created
board of directors.

Each board member was carefully selected due to his/her unique
experience and deep expertise in working with credit unions. The board
of directors are responsible for providing strategic guidance to
CULedger as the organization rapidly moves into its next stage of
development. CULedger started as a research-to-action initiative in 2016
and became its own entity in June 2017. The company plans to launch its
pilot program later this year.

The members of the CULedger Board of Directors are:

Ron Amstutz, executive vice president, Desert Financial Credit Union
(Ariz.)

Tony Boutelle, president and CEO, CU Direct (Calif.)

Scott Earl, president and CEO, Mountain West Credit Union Association
(Colo.)

Chuck Fagan, president and CEO, PSCU (Fla.)

Eric Gelly, president, CUNA Strategic Services (Wis.)

Gordon Howe, president and CEO, UNIFY Financial Credit Union (Calif.)

Brandon Riechers, president and CEO, Royal Credit Union (Wis.)

Christopher Saneda, senior executive vice president and COO, Virginia
Credit Union (Va.)

Mike Valentine, president and CEO, Baxter Credit Union (Ill.)

Frank Weidner, president and CEO, Wings Financial Credit Union (Minn.)

The first board meeting took place earlier this month, during which the
following officers were named:

Gordon Howe, At Large

Mike Valentine, Board Chairman

Ron Amstutz, Vice Chair

Chuck Fagan, Treasurer

Christopher Saneda, Secretary

“Our board is comprised of credit union leaders with proven histories of
valuable insights into the evolving needs of the industry, and we are
thrilled to have their expertise guiding CULedger,” said John Ainsworth,
president and CEO of CULedger. “We couldn’t be more pleased with these
appointments and the dedication that each has to cultivating the future
of our industry.”

About CULedger
Denver-based CULedger
is a credit union-owned CUSO that focuses on delivering innovative
applications to credit unions through its cross-border global
distributed ledger platform. In working through a national consortium
made up of credit unions and trusted industry investors, CULedger has
pioneered new developments related to global self-sovereign digital
identity that will further enhance the trust credit unions have with
their members. CULedger provides advantages to credit unions and their
members by reducing risks associated with cybersecurity and fraud,
improving member experience, streamlining internal processes and
reducing administrative and operational costs. To learn more about
CULedger, visit www.culedger.com.

Contacts

William Mills Agency
Joelle Chiasson, 678-781-3074
joelle@williammills.com